Banks have been caught napping while fintech firms revolutionize the financial sector. Customers can open an account, apply for loans and make payments via their smartphone. Now banks are turning to the newcomers for help.
An non-profit organization in Haifa is at the forefront of efforts to address the shrinking space for freedom of expression in Palestinian territories and promote digital rights. Tessa Fox reports from Ramallah.
The financial technology sector is expected to overcome long-standing barriers to financial inclusion in poor countries. The IMF and the World Bank are calling on policymakers to "embrace the promise of fintech."
Once a tech front-runner, Germany now faces the mammoth task of catching up with today's AI giants. Angela Merkel has launched a broad initiative to transform lagging digital infrastructure and paper-based bureaucracy.
US business magnate Warren Buffett has made a surprise entry into India's digital payment market, with his Berkshire Hathaway reportedly injecting some $360 million into Paytm, India's largest digital payments platform.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version